Caterpillar Inc. (CAT)- Analysts Roundup at Gainers/Losers

Andrew Cummings
January 26, 2018

Caterpillar Inc. (NYSE:CAT) has a beta of 1.27, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. The Thompson Investment Management Inc holds 66,584 shares with $8.66M value, down from 69,380 last quarter. Lazard Ltd now has $6.29B valuation. About 5.04 million shares traded or 22.73% up from the average. Caterpillar Inc. (CAT) average trading volume of 4,738,675 during the past month is 14.91% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. It has outperformed by 30.83% the S&P500. Harding Loevner Lp who had been investing in Wabco Hldgs Inc for a number of months, seems to be less bullish one the $8.46B market cap company. It has a 113.92 P/E ratio. If everything goes well, CAT stock investors can expect a dividend increase in mid-year 2018. Its up 0.45, from 1.05 in 2017Q2.

Several equities analysts recently weighed in on CAT shares.

VANGUARD GROUP INC raised its stake in HP Inc. Following the sale, the insider now directly owns 5,214 shares of the company's stock, valued at approximately $717,811.38. From the start of the calendar year, shares have been 6.83%. Great Lakes Advisors Lc holds 118,884 shares or 0.12% of its portfolio. Piedmont Ltd holds 0.37% of its portfolio in Caterpillar Inc. Acrospire Investment Management LLC increased its holdings in shares of Caterpillar by 900.0% during the 2nd quarter. 176,175 were accumulated by Asset Management. Credit Suisse maintained Caterpillar Inc. (NYSE:CAT) for 30,932 shares. 25,764 are held by Old Mutual Customised Solutions (Proprietary). Strategic Global Advsr Limited reported 0.15% stake.

"The global economy is the strongest it has been in several years, with almost every region of the world expected to grow in 2018", Chief Financial Officer Brad Halverson told Wall Street analysts. The Illinois-based North Star Mngmt has invested 0.14% in Caterpillar Inc.

On Thursday before the market opened, shares of Caterpillar Inc ($CAT) gained in the premarket following strong Q4 results and an upbeat guidance. (NYSE:CAT). First Natl Trust Com accumulated 0.06% or 4,484 shares. About 3.89 million shares traded. Ftb has invested 0.07% of its portfolio in Caterpillar Inc. (NYSE:CAT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The correct version of this piece can be accessed at CAT's SI was 13.06 million shares in January as released by FINRA. Old Mutual Customised Solutions (Proprietary) invested 0.44% of its portfolio in Caterpillar Inc. (NYSE:CAT) for 3,581 shares.

Among 31 analysts covering Caterpillar Inc. (NYSE:CAT), 16 have Buy rating, 4 Sell and 11 Hold. Therefore 48% are positive. Bnp Paribas Arbitrage Sa has 0.36% invested in Caterpillar Inc. To get a sense of "value" we must compare the current price to some measure of intrinsic value such as a price target.

Caterpillar scheduled to report earnings on Thursday January 25, 2018, before the markets open.

If we look at the Volatility of Caterpillar Inc.

Thanks to better-than-expected earnings reports, the company's shares have been enjoying a nice rally. Bank of America upgraded the shares of WBC in report on Thursday, February 2 to "Buy" rating. The stock has "Buy" rating by UBS on Friday, January 5. The firm has "Buy" rating by UBS given on Monday, September 18.

Since August 4, 2017, it had 0 buys, and 3 insider sales for $2.32 million activity. The insider Long Suzette M sold 13,859 shares worth $1.58 million. (NYSE:CAT). 111,820 were accumulated by Commerzbank Aktiengesellschaft Fi. Stifel Nicolaus maintained Caterpillar Inc.

Ratings analysis reveals 71% of Red Hat's analysts are positive. Oil prices have bounced back to $70 a barrel after record-low prices two years ago. KeyBanc Capital Markets initiated it with "Overweight" rating and $29 target in Thursday, October 20 report. The stock of Catalent, Inc. FBR Capital maintained the shares of TMUS in report on Tuesday, October 25 with "Mkt Perform" rating. The stock has "Neutral" rating by Robert W. Baird on Wednesday, October 25. Canaccord Genuity maintained ORBCOMM Inc. This time around, the options market is pricing in a larger-than-usual 4.9% move for Thursday's trading, per at-the-money implied volatility (IV) data. Excluding that, restructuring costs and other items, Caterpillar earned $2.16 per share, topping the average estimate of $1.77 per share, according to Zacks Investment Research. Lazard Ltd (NYSE:LAZ) has risen 35.63% since January 25, 2017 and is uptrending. It has outperformed by 10.49% the S&P500.

Jericho Capital Asset Management L.P. holds 10.56% of its portfolio in Red Hat, Inc. for 1.68 million shares. State Teachers Retirement Systems, a New York-based fund reported 954,367 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 139,462 shares stake.

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